loan mod

Hello I am Matt Fetick with Sold by Short Sale, Philadelphia’s leading short sale specialist, thank you so much for joining me today. I want to talk today about loan modifications. I am sure if you are struggling to pay your mortgage or need to reduce your debt one of the things you have considered is modifying your existing mortgage or loan. There are good programs in Philadelphia for modifying your loan but there can be some tricks to look out for. Generally your lender won’t be too excited about restructuring if you are already behind on the debt owed but you still have options. If you qualify and are able to show you can maintain a modified payment that will avoid foreclosure or other fees we may be able to help you get your loan modified. There is a very specific process in place for modifications in the Philadelphia area but we do offer a free package of information to help you weigh your options. There are many companies out there that offer to do loan modifications for a small up front fee. I suggest avoiding these companies. I have never heard of any successful loan modifications produced by one of these companies and you shouldn’t have to pay money up front. Even better, if you take our free loan package you can gain the same amount of knowledge for no cost at all. A loan modification usually relies on your ability to make future payments so a sales pitch from one of these companies won’t help you in your time of need. If you would like more information on loan modifications or short sales please feel free to call me or contact me through my website. I am Matt Fetick with Sold by Short Sale, Philadelphia’s leading short sale specialist, I look forward to hearing from you.